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Hyundai expects October DRAM price rise

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Hyundai Electronics expects DRAM prices to rise in October following an increase in demand for PCs.

Bloomberg quotes product marketing director Mario Martinez as saying, "Prices should come back up by the end of September of early October. Everyone has been holding their breath."

The 64 megabit PC100 DRAMs were $6.59 yesterday in spot trading, down from $8.36 on 6 September - and Martinez reckons this is fast approaching a breakeven price point for memory makers.

The slide in prices has been described as an inventory correction issue as system builders, dealers, resellers and brokers stockpiled memory in anticipation of a price rise in the second half of this year.

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